An Asian Study of the Monetary and Banking Liquidity Impact on Share Prices
Following Friedman’s hypothesis that credit expansion will follow a monetary and liquidity binge, we used data from 1968-2012 in Asia (Japan, Korea, China and India) to explore this hypothesis. Our results from applying single and cointegration equations provided empirical support to the above hyp...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universiti Utara Malaysia
2016-03-01
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Series: | The International Journal of Banking and Finance |
Subjects: | |
Online Access: | https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8485 |